Economy
Ø North Carolina leads the nation in the production of tobacco and is a major producer of textiles and furniture.
Ø It grows 40% of all U.S. tobacco, but the continuing trend is toward diversification. Broilers, hogs, turkeys, greenhouse products, sweet potatoes, corn, soybeans, peanuts, and eggs are important.
Ø Plentiful forests supply the thriving furniture and lumber industries.
Ø The state has long been a major textile manufacturer, producing cotton, synthetic, and silk goods as well as various kinds of knit items.
Ø Other leading manufactures are electrical machinery, computers, and chemicals; the Research Triangle complex near Chapel Hill has spurred high-tech manufacturing, as well as bringing federal jobs into the state.
Ø The state also has mineral resources: It leads the nation in the production of feldspar, mica, and lithium materials and produces substantial quantities of olivine, crushed granite, talc, clays, and phosphate rock.
Ø There are valuable coastal fisheries, with shrimp, menhaden, and crabs the principal catches.
Ø Charlotte developed in the 1980s into a major U.S. banking center, and related businesses have flourished in the area.
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